Reported 4 days ago
As Bitcoin reaches record highs, financial advisors who were once skeptical are now reconsidering its role in client portfolios. The cryptocurrency has seen significant gains, prompting increased inquiries from clients. Advisors are focusing on managing expectations around Bitcoin's volatility while exploring various investment strategies, including new Bitcoin ETFs that aim to provide easier access to the asset class. While advisors are beginning to recognize Bitcoin's potential as a diversifier, they remain cautious about its risks and volatility.
Source: YAHOO